Non Alcoholic Concentrated Syrup Market
The market for Non Alcoholic Concentrated Syrup was estimated at $31.1 billion in 2024; it is anticipated to increase to $43.3 billion by 2030, with projections indicating growth to around $57.2 billion by 2035.
Global Non Alcoholic Concentrated Syrup Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Non Alcoholic Concentrated Syrup industry revenue is expected to be around $32.8 billion in 2025 and expected to showcase growth with 5.7% CAGR between 2025 and 2034. With the rise in popularity seen so far and Non Alcoholic Concentrated Syrups growing importance in the worldwide beverage market is gaining momentum continuously. The lasting significance of this product is driven by a variety of factors. Firstly the increased awareness of health among consumers plays a role as they look for options with less sugar content and without alcohol. Furthermore the introduction of a range of flavors made achievable through advancements, in food technology has piqued peoples interest by meeting their changing tastes and preferences for novel and delightful flavor experiences.
Concentrated Non Alcoholic Syrup is a liquid blend of flavors and sweeteners mixed with water that can be diluted to make multiple servings as needed for various drinks and culinary purposes, like cooking and baking in both commercial and home settings. The increasing popularity of non alcoholic drink concentrates is influenced by the growing trend of enjoying drinks and cooking at home. This shift is largely a result of lockdowns during the pandemic and the preference for dining in rather, than going out.
Market Key Insights
- The Non Alcoholic Concentrated Syrup market is projected to grow from $31.1 billion in 2024 to $54.1 billion in 2034. This represents a CAGR of 5.7%, reflecting rising demand across Beverage Industry, Pharmaceutical Industry and Culinary Uses.
- Monin Inc., Sodastream International Ltd., Torani are among the leading players in this market, shaping its competitive landscape.
- U.S. and UK are the top markets within the Non Alcoholic Concentrated Syrup market and are expected to observe the growth CAGR of 3.7% to 5.5% between 2024 and 2030.
- Emerging markets including India, Brazil and Indonesia are expected to observe highest growth with CAGR ranging between 6.6% to 7.9%.
- Transition like From Artificial to Organic has greater influence in U.S. and UK market's value chain; and is expected to add $1 billion of additional value to Non Alcoholic Concentrated Syrup industry revenue by 2030.
- The Non Alcoholic Concentrated Syrup market is set to add $23.0 billion between 2024 and 2034, with manufacturer targeting Beverage & HoReCa End-Use Application projected to gain a larger market share.
- With Rise in health conscious consumption, and The burst of culinary innovation, Non Alcoholic Concentrated Syrup market to expand 74% between 2024 and 2034.